Andreas Berger, the Group CEO of Swiss Re, predicts that upcoming mid-year reinsurance renewals will reflect the strong demand and pressing pricing dynamics seen earlier this year. During a recent conference call, he emphasized the company’s focus on maintaining strict underwriting standards and prioritizing portfolio quality over growth volume. While recognizing increased competition, particularly in natural catastrophe reinsurance, he reiterated Swiss Re’s disciplined approach amid evolving market conditions. Berger also addressed concerns regarding potential rate reductions in the Excess and Surplus sector, clarifying that Swiss Re’s exposure is limited and closely monitored to ensure profitability.
